Demand-pull inflation starts with a shift of the

A) potential GDP line leftward.
B) AD curve leftward.
C) AS curve leftward.
D) AS curve rightward.
E) AD curve rightward.


E

Economics

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In the above table, the total cost of producing 9 units of output is

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Suppose you are an advisor to the Business Cycle Dating Committee. You are asked to look at macroeconomic data to evaluate whether the economy has entered a recession this year

Which data do you look at? How does the economy behave at the onset of a recession?

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What will be an ideal response?

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Explain why bond prices and interest rates are inversely related

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